Crowdstrike Holdings Stock Price, News & Analysis

CrowdStrike has launched the first-ever EDR/XDR solution that provides visibility and threat detection for ChromeOS devices without requiring a Mobile Device Management system. This innovative platform, named CrowdStrike Falcon Insight XDR, emerged from a collaboration with Google and is part of the company's broader Falcon suite, which also secures Linux, macOS, and Windows devices. The integration eliminates visibility gaps with direct telemetry from Google, simplifying management and enhancing incident response capabilities. With 16% of North American organizations utilizing Chromebooks, CrowdStrike aims to address the growing security needs in this area. The ChromeOS integration will be available by June 2023.

CrowdStrike (NASDAQ: CRWD) has launched CrowdStream, a new native platform capability designed to enhance data integration and management within the CrowdStrike Falcon platform. Available at no additional cost for the first 10GB of streaming data, CrowdStream simplifies connecting data from various IT and security sources, addressing challenges in log management and AI-based analytics. The technology offers significant cost savings, exemplified by a recent case where a financial institution saved $5 million over three years by using CrowdStrike Falcon LogScale. CrowdStream is set for general availability by June 2023, promising to improve data visibility and response against sophisticated cyber threats.

CrowdStrike (NASDAQ: CRWD) has launched the CrowdStrike Falcon Complete XDR, a new Managed eXtended Detection and Response (MXDR) service, designed to enhance its existing expertise in the managed detection and response (MDR) market. This service aims to bridge the cybersecurity skills gap faced by many organizations, with 47% citing inadequate security operation skills, according to an ESG report. The new offering integrates human expertise with AI-driven automation and threat intelligence to provide comprehensive security across diverse attack surfaces. CrowdStrike collaborates with numerous partners to deliver MXDR services, forming an ecosystem that enhances the user experience and enables organizations of all sizes to efficiently manage security threats. Recent reports indicate that CrowdStrike leads the MDR market, boasting a 99% detection rate in MITRE evaluations.

CrowdStrike (NASDAQ: CRWD) has launched the CrowdStrike Falcon Insight for IoT, the first EDR/XDR solution specifically for Extended Internet of Things (XIoT) assets. This innovation offers integrated protection, detection, and response capabilities across IoT, operational technology (OT), and connected devices. The solution enhances security by utilizing asset-specific context, improving threat detection tailored to device types and operational requirements. It also ensures streamlined deployment and compatibility with critical infrastructure. According to Gartner, as organizations converge IT and OT security, CrowdStrike aims to address the complexities and threats faced in these environments, providing a comprehensive platform for cybersecurity.